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Gallery Leclair

Active
Private limited companyfounded 2024active for 1 yearKloosterstraat 28, 2000 Antwerpen, BelgiumKBO/BCE: BE 1016.080.146
Summary

Gallery Leclair has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,061 and a net result of €2,061. Its solvency ranks better than 24% of 22,595 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491162.

Turnover
≈ €93,000
Estimated: probably between €47,000 and €220,000
Total assets
€138,918
Net result
€2,061
Working capital
-€3,133

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €138,918
Fixed assets €21,687
Current assets €117,231
Equity and liabilities €138,918
Equity €5,061
Debt €133,857
Debt finances 96.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€10,196
Cash flow
€4,629
Current ratio
0.97
Debt to equity
26.45
ROE
40.7%
ROA
1.5%
Interest coverage
2.32
Debt ≤ 1 year
€120,364
Debt > 1 year
€13,493
Income taxes
€1,206

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
96.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€138,918
Fixed assets21/28€21,687
Intangible fixed assets21€3,193
Tangible fixed assets22/27€18,493
Plant, machinery and equipment23€1,302
Furniture and vehicles24€2,685
Other tangible fixed assets26€14,507
Current assets29/58€117,231
Amounts receivable within one year40/41€4,146
Other amounts receivable41€4,146
Current investments50/53€10,504
Cash at bank and in hand54/58€102,100
Deferred charges and accrued income490/1€482
Equity and liabilities
Total equity and liabilities10/49€138,918
Equity10/15€5,061
Contributions10/11€3,000
Reserves13€2,060
Distributable reserves133€2,060
Profit (loss) carried forward14€1
Amounts payable17/49€133,857
Amounts payable after more than one year17€13,493
Financial debts170/4€13,493
Amounts payable within one year42/48€120,364
Current portion of amounts payable after more than one year42€3,780
Financial debts43€244
Credit institutions430/8€244
Trade debts44€81,434
Suppliers440/4€81,434
Advances received on contracts in progress46€6,500
Taxes, remuneration and social security45€1,455
Taxes450/3€1,455
Other amounts payable47/48€26,951
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,568
Other operating charges640/8€2,570
Gross operating margin9900€12,765
Operating profit (loss)9901€7,627
Financial income75/76B€35
Recurring financial income75€35
Financial charges65/66B€4,396
Recurring financial charges65€4,396
Profit (loss) for the period before taxes9903€3,267
Income taxes67/77€1,206
Profit (loss) for the period9904€2,061
Profit (loss) for the period to be appropriated9905€2,061
Appropriation of the result
Profit (loss) to be appropriated9906€2,061
Transfer to equity691/2€2,060
To other reserves6921€2,060

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,568
Other operating charges640/8€2,570
Gross operating margin9900€12,765
Operating profit (loss)9901€7,627
Financial income75/76B€35
Recurring financial income75€35
Financial charges65/66B€4,396
Recurring financial charges65€4,396
Profit (loss) for the period before taxes9903€3,267
Income taxes67/77€1,206
Profit (loss) for the period9904€2,061
Profit (loss) for the period to be appropriated9905€2,061
Line2025
Assets
Total assets20/58€138,918
Fixed assets21/28€21,687
Intangible fixed assets21€3,193
Tangible fixed assets22/27€18,493
Plant, machinery and equipment23€1,302
Furniture and vehicles24€2,685
Other tangible fixed assets26€14,507
Current assets29/58€117,231
Amounts receivable within one year40/41€4,146
Other amounts receivable41€4,146
Current investments50/53€10,504
Cash at bank and in hand54/58€102,100
Deferred charges and accrued income490/1€482
Equity and liabilities
Total equity and liabilities10/49€138,918
Equity10/15€5,061
Contributions10/11€3,000
Reserves13€2,060
Distributable reserves133€2,060
Profit (loss) carried forward14€1
Amounts payable17/49€133,857
Amounts payable after more than one year17€13,493
Financial debts170/4€13,493
Amounts payable within one year42/48€120,364
Current portion of amounts payable after more than one year42€3,780
Financial debts43€244
Credit institutions430/8€244
Trade debts44€81,434
Suppliers440/4€81,434
Advances received on contracts in progress46€6,500
Taxes, remuneration and social security45€1,455
Taxes450/3€1,455
Other amounts payable47/48€26,951
Line2025
Profit (loss) for the period9904€2,061
+ Depreciation and write-downs630€2,568
Operating cash flow (approximation)€4,629

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00491162

Similar companies · same sector, comparable size

Of the 1,276 active companies whose main activity is retail sale of other cultural and recreation goods (NACE 47690), figures are known for 437. 170 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.